Shares of Shengfeng Logistics (SFWL, Financial) experienced a sharp drop of 5.26%, bringing the price down to $1.26 per share with a trading volume of 30,040 shares. The stock displayed a turnover rate of 0.04% and a fluctuation of 3.01%.
Recent financial reports indicate that Shengfeng Logistics achieved a revenue of $227 million and a net profit of $5.04 million, resulting in an earnings per share (EPS) of $0.06. The gross profit stood at $21.09 million, with a price-to-earnings (P/E) ratio of 11.55.
Currently, no institutional ratings have been assigned to the stock, leaving it without any "buy," "hold," or "sell" recommendations.
Within the transportation and logistics sector, where Shengfeng Logistics operates, the overall increase was 0.93%. In comparison, significant gains were observed in stocks like Winning Group, Lakeside Holding Limited, and ZTO Express. Actively traded stocks included Singularity Future, Full Truck Alliance, and FedEx, with turnover rates of 1.24%, 0.72%, and 0.63% respectively. Notable fluctuations were seen in Lakeside Holding Limited (11.69%), Singularity Future (10.56%), and Winning Group (10.49%).
Shengfeng Logistics Holdings Ltd is a company specializing in contract logistics services. Their services include supply chain planning and design, facility design, order handling, payments collection, inventory management, and customer service. Their comprehensive logistics solutions are categorized into three segments: B2B freight, cloud storage, and value-added services.
